Redbox Instant won't see a commercial launch until the end of Q1 or the beginning of Q2, Verizon...

|About: Verizon Communications (VZ)|By:, SA News Editor

Redbox Instant won't see a commercial launch until the end of Q1 or the beginning of Q2, Verizon (VZ) CEO Lowell McAdam recently stated at a UBS conference (previous). A recent GigaOm report suggested a Dec. 17 launch was possible. The Verizon/Coinstar (CSTR) streaming service, currently undergoing employee beta tests, is now expected to begin customer trials in late January. Verizon's Web content initiatives have a history of underwhelming.